CloudMD Widens Net Loss In 2021
CloudMD Software & Services Inc. (TSXV: DOC) released on Monday its Q4 and full-year 2021 financial results which saw the company post annual revenue of $102.3 million. This is an increase from 2020’s revenue of $15.0 million. However, the firm also widened its annual net loss to $30.7 million from last year’s $13.6 million. The […]
Grande Portage Obtains Drill Permits For 2022 Season At Herbert Gold Project
Grande Portage Resources (TSXV: GPG) is moving ahead with its previously announced drill program for its flagship Herbert Gold property in Alaska. The firm this morning indicated it has received the required drill permits for the planned program. With permits now in place, Grande Portage has indicated it intends to begin the 2022 drill season […]
Facedrive Announces Record Revenues For 2021, Negative Gross Margins
Facedrive Inc (TSXV: FD), whom now wants to be known as Steer, last night reported its fourth quarter and full year financial results. The company reported record revenues of $25.4 million for the full year, the majority of which came from its food delivery operations, while also reporting a record net loss. While at a […]
United Lithium Stakes Liberty Lithium Property In South Dakota
United Lithium (CSE: ULTH) has a new property on its hands. Located in South Dakota, the claims collectively are referred to as the Liberty Lithium Project, and last saw production in the 1940’s and 1950’s. Collectively, the property consists of 500 unpatented lode claims that were staked by the company near to Custer, South Dakota. […]
Lundin Mining: BMO Resumes Coverage, Gifts Lift To Price Target
Last week Lundin Mining Corporation (TSX: LUN) announced that it closed its acquisition of Josemaria Resources and provided an update on the Josemaria project. In the announcement they write, “The Josemaria project is progressing through basic engineering with procurement of long-lead equipment, including securing key items of crushing and processing.” This comes after they received […]
Japanese Investors Shed $60 Billion in Treasuries as Soaring Currency Hedging Costs Make European Debt Opportunities More Attractive
Something big is happening in Japan. Investors have traditionally flocked to the Japanese yen when the economic landscape gets choppy, gripped with the belief that the currency will retain its value even amid global market volatility. However, with a war-torn Ukraine, inflation soaring to historic highs across developed nations, and stock markets sliding sharply downwards, […]
MyPillow CEO Mike Lindell Returns To Twitter After 2021 Ban, Gets Suspended Again Just Hours Later
Mike Lindell, founder and chief executive of MyPillow announced his return to Twitter on Sunday after being banned in 2021, only to be banned again about three hours later. The MyPillow CEO posted using a new account on Sunday afternoon, saying “Hello everybody, I’M BACK ON TWITTER. My only account is @MikeJLindell! Please RT and […]
Biotech Firm HilleVax Prices US$200 Million IPO
Biopharmaceutical company HilleVax, Inc. (Nasdaq: HLVX) began trading on the Nasdaq Global Select Market on Friday. The firm’s initial public offering is looking to raise US$200.0 million and is expected to close on May 3, 2022. The offering consists of 11.8 million common shares selling at US$17.00 per share. J.P. Morgan, SVB Securities, Stifel, and […]
Is The US Economy Falling Into A Recession? – The Daily Dive
Starting off the week on the Daily Dive is Rick Rule, the former President and CEO of Sprott US Holdings. Rick joins us today to provide his take on whether the US economy is entering a recession, Canada’s issuance of US dollar denominated bonds, and whether food inflation is about to hit the average household’s […]
Blackrock Silver Reports 42.6 Million Silver Equivalent Ounces At Tonopah West Mineral Resource Estimate
Blackrock Silver Corp. (TSXV: BRC) reported today the maiden mineral resource estimate for its Tonopah West project in Western Nevada. The report effective April 28, 2022, contains 42.6 million silver equivalent ounces at 446 g/t AgEq in the inferred category. The estimate consists of 19.9 million silver ounces at 208 g/t silver and 238,000 gold ounces […]